Short Summary - November 3. Trading today again
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Posted On: 11/03/2023 4:20:28 PM
Short Summary - November 3.
Trading today again provided an ideal opportunity for the main traders of $SFLM to add to their inventory of shares at a variety of price points for trading much higher later when developments such as a series of acquisitions and a probably name change + ticker change take place in due course.
Opened with a a buy of 7.3M at .0010 and a 24M bid at .0009.
People failed to hit the ask aggressively enough throughout the day so scammers / manipulators / shorters played the usual games covered in earlier contemporaneous posts.
There were significant buys at .0009 both on the bid and on the ask - any time .0009s appeared on the ask they were taken out decisively.
Bid at .0008 peaked at 48M - $38.4K - probably sufficient to take out at least .0010>.0013 when applied to successive asks.
There were no significant fills at .0008 and a .0009 bid was re-established.
.0010s were restarted with a peak of 20M there on uptick - reducing to 8.4M after the close when day trades cancelled out.
Overall, almost 71M was traded - the majority at .0009 - with the vast majority being held for trading much higher and not being flipped at .0010.
Once we get the .0030+ break, the serious traders of $SFLM - those with 25M > 50M+ shares - should be able to get momentum going and by continually outbidding stopping low level flip people from getting back in.
Traders need to note that every 1M sold at .0010 instead of .01 is throwing away $9K in profit and throwing away $19K at .02!
The share structure was updated on November 1 - again with no change.
There has now been no change to the Unrestricted O/S in 367 days - thereby showing that there has been no conversion of the shares owned by the CEO of Deep Power, Inc which - IMO - he will either keep to trade much higher once the $SFLM deals are done or $SFLM will buy the debt back before interest is due in June 2024.
I'll be updating both the list of large following traders still on $SFLM since the update from the CEO on 'X" and the Overview this weekend.
Trading today again provided an ideal opportunity for the main traders of $SFLM to add to their inventory of shares at a variety of price points for trading much higher later when developments such as a series of acquisitions and a probably name change + ticker change take place in due course.
Opened with a a buy of 7.3M at .0010 and a 24M bid at .0009.
People failed to hit the ask aggressively enough throughout the day so scammers / manipulators / shorters played the usual games covered in earlier contemporaneous posts.
There were significant buys at .0009 both on the bid and on the ask - any time .0009s appeared on the ask they were taken out decisively.
Bid at .0008 peaked at 48M - $38.4K - probably sufficient to take out at least .0010>.0013 when applied to successive asks.
There were no significant fills at .0008 and a .0009 bid was re-established.
.0010s were restarted with a peak of 20M there on uptick - reducing to 8.4M after the close when day trades cancelled out.
Overall, almost 71M was traded - the majority at .0009 - with the vast majority being held for trading much higher and not being flipped at .0010.
Once we get the .0030+ break, the serious traders of $SFLM - those with 25M > 50M+ shares - should be able to get momentum going and by continually outbidding stopping low level flip people from getting back in.
Traders need to note that every 1M sold at .0010 instead of .01 is throwing away $9K in profit and throwing away $19K at .02!
The share structure was updated on November 1 - again with no change.
There has now been no change to the Unrestricted O/S in 367 days - thereby showing that there has been no conversion of the shares owned by the CEO of Deep Power, Inc which - IMO - he will either keep to trade much higher once the $SFLM deals are done or $SFLM will buy the debt back before interest is due in June 2024.
I'll be updating both the list of large following traders still on $SFLM since the update from the CEO on 'X" and the Overview this weekend.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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